How Much Did The Cleanery Raise?
Funding & Key Investors

The Cleanery, a long-standing provider of couture-level garment care, has secured $311K in total capital, with its most recent financing round totaling $161K. This major strategic investment underscores the company's established position in the premium apparel care market.

What is The Cleanery?

The Cleanery
Consumer ServicesCleaning Services

Established in 1984 and now managed by the second generation of the Lucero family, The Cleanery offers a comprehensive suite of services including eco-friendly dry cleaning, laundering, pressing, tailoring, alterations, and garment restoration. The company distinguishes itself through its state-of-the-art facility and a commitment to couture-level treatment for every garment. As New Mexico's only certified couture-level dry cleaner, The Cleanery consistently achieves high marks in customer satisfaction and operational excellence, evidenced by its rigorous yearly screenings by America's Best Cleaners (ABC) and platinum level green business certification. Serving discerning clients across metropolitan Albuquerque and Santa Fe, including political figures and Hollywood productions, The Cleanery prioritizes personal attention and pristine conditions through distilled cleaning solvents and meticulous hand-finishing and inspection processes.

How much funding has The Cleanery raised?

The Cleanery has raised a total of $311K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$161K

Debt (2020): $150K with participation from PPP

Debt (2021): $161K led by PPP

What's next for The Cleanery?

With its recent major strategic investment and a history of substantial capital infusion, The Cleanery is well-positioned for continued growth and operational enhancement. The company's focus on high-quality, eco-friendly services, combined with its strong brand reputation and loyal customer base, suggests a trajectory aimed at expanding its premium service offerings and potentially its geographic reach. Future capital deployment is likely to focus on maintaining its technological edge in garment care, enhancing its green business practices, and reinforcing its market leadership in specialized apparel restoration and cleaning.

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Frequently Asked Questions Regarding The Cleanery Financial Insights

What are the most recent funding rounds that The Cleanery has completed, and what were the funding rounds?
The Cleanery has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 14, 2020.
What is the total amount of funding The Cleanery has raised to date?
The Cleanery has raised a total of $311K in funding to date.
How many funding rounds has The Cleanery completed?
The Cleanery has completed 2 funding rounds.
How much funding did The Cleanery raise in its most recent funding round?
The Cleanery raised $161K in its most recent funding round.
Who are the lead investors in The Cleanery's latest funding round?
The lead investor in The Cleanery's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in The Cleanery's history?
The largest funding round in The Cleanery's history was $161K.
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